SOLVIK-OLSEN AS

4344 BRYNE

Finances

Return on Equity

22,52 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	461 000	245 000	1 252 000	1 064 000
Net Income	356 000	156 000	614 000	412 000
Total Assets	1 910 000	1 493 000	1 575 000	794 000
Total Equity	1 581 000	1 226 000	1 070 000	456 000

Income (NOK)	2022	2021	2020	2019
Revenue	461 000	245 000	1 252 000	1 064 000
Expenditure	5 000	42 000	387 000	439 000
Operating Profit	456 000	204 000	865 000	625 000
Financial Income	0	0	17 000	0
Financial Costs	0	0	2 000	3 000
Financial Balance	0	0	15 000	−3 000
Earnings Before Tax	456 000	204 000	880 000	623 000
Tax	100 000	48 000	266 000	211 000
Net Income	356 000	156 000	614 000	412 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 774 000	1 456 000	1 440 000	587 000
Total Current Assets	135 000	37 000	135 000	206 000
Total Assets	1 910 000	1 493 000	1 575 000	794 000
Total Retained Equity	1 551 000	1 196 000	1 040 000	426 000
Total Equity	1 581 000	1 226 000	1 070 000	456 000
Total Long-Term Debt	200 000	200 000	200 000	0
Total Current Debt	128 000	67 000	305 000	338 000
Total Equity and Debt	1 910 000	1 493 000	1 575 000	794 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	461 000	245 000	1 252 000	1 064 000
Other Income	0	0	0	0
Revenue	461 000	245 000	1 252 000	1 064 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 000	42 000	387 000	439 000
Operating Profit	456 000	204 000	865 000	625 000
Financial Income	0	0	17 000	0
Financial Costs	0	0	2 000	3 000
Financial Balance	0	0	15 000	−3 000
Dividends	0	0	0	0
Net Income	356 000	156 000	614 000	412 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 774 000	1 456 000	1 440 000	587 000
Total Fixed Assets	1 774 000	1 456 000	1 440 000	587 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	135 000	12 000	70 000	134 000
Total Current Assets	135 000	37 000	135 000	206 000
Total Assets	1 910 000	1 493 000	1 575 000	794 000
Total Equity	1 581 000	1 226 000	1 070 000	456 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	200 000	200 000	0
Creditors	0	0	0	0
Unpaid Taxes	28 000	19 000	39 000	45 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	82 000
Total Current Debt	128 000	67 000	305 000	338 000
Total Equity and Debt	1 910 000	1 493 000	1 575 000	794 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,52 %	12,72 %	57,38 %	90,35 %
Debt-to-Equity Ratio	0,13	0,16	0,19	0
Operating Profit Margin	98,92 %	83,27 %	69,09 %	58,74 %
Current Ratio	1,05	0,55	0,44	0,61
Quick Ratio	1,05	0,55	0,44	0,61
Equity Ratio	0,83	0,82	0,68	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %